Monday, May 11, 2009

USAToday,May 11, 2009 News with comments

Page 1A: Job study stands by projected 3.5 million gain:

University of Chicago economics professor Steven David said:"The administration's practice of discussing jobs saved as well as created is a very clever device for prividing future political pitch. The economy is still strinking, but it would have shrunk faster but for the good things we did."

It is Lingonomics in political economy as I would describe such situation.

Page 9A: In China, disaster tours boost number of visitors to province hit last year. Quake park turns pain into profit with a stone(photo): 5.12 14.28 2008 Relic Park records the date and time that killed 780 residents of Donghetou village.

Such is hardly a blessing in disguise for Sino-American economics as cited above.

Francis Shieh aka Xie Shihao,a watcher for economic happenings. May 11, 2009 at 3.16 p.m.

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